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20121201
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, laura montgomery as well as political writer for "the new york times," john harwood. you heard kelly mention some republicans weren't feeling the president's interview on "meet the press" this morning. they took issue with it. from that interview and what you saw this morning, what did you take from the president's appearance? >> i think the president understands he's got the high ground in the negotiations having won re-election and campaigning on higher taxes on people making more than $250,000 a year and knowing that as of january 1st, if nothing happens in congress, most taxes are going to go up across the board and propose a tax cut. he knows he has an advantage. it's a limited advantage. there's a downside to him, too. there's market reaction, loss of confidence in the united states. there's the mess of having to go back and deal with the sequester of those across the board cut that is nobody wants and dealing with taxes. the president, everybody is trying to avoid a headache. the question is, how does the cube get twisted around so everybody believes they have an outcome that
and laura. it's amazing how appreciative people are when you tell them they could save a lot of money on their car insurance by switching to geico...they may even make you their best man. may i have the rings please? ah, helzberg diamonds. nice choice, mate. ...and now in the presence of these guests we join this loving couple. oh dear... geico. 15 minutes could save you 15% or more on car insurance. >>> there you go. the holiday season has begun. that was a pretty packed times square. let's go now to our three big money headlines. sandy's impact. buyers are back. and a big bake sale. joining me now forbes staff writer morgan brennan. let's get to hurricane sandy which took a toll of on consumer spending. "consumer reports" says spending fell in october after rising in september. the gdp was higher than estimated. i never can quite figure out how they can both be true and whether or not this continues in coming months. >> that's a great question. i think we need to start with the revised number for the third quarter. the reason we saw gdp growth in the third quarter was because busine
Search Results 0 to 1 of about 2